Results 121 to 130 of about 1,484 (254)

Robust Bernoulli Mixture Models for Credit Portfolio Risk

open access: yesMathematical Finance, EarlyView.
ABSTRACT This paper presents comparison results and establishes risk bounds for credit portfolios within classes of Bernoulli mixture models, assuming conditionally independent defaults that are stochastically increasing in a common risk factor. We provide simple and interpretable conditions on conditional default probabilities that imply a comparison ...
Jonathan Ansari, Eva Lütkebohmert
wiley   +1 more source

Extraordinary measures of sibling worldmaking

open access: yesMedical Anthropology Quarterly, EarlyView.
Abstract In this ethnographic research project involving disabled and non/disabled siblings in Canada, we have found that during major life‐changing transitions, such as the death of a parent, siblings face many challenges, including structural and systemic inequalities, struggles with and within various service systems, and difficulties with emotions ...
Pamela Block, Helen Ries, Dima Kassem
wiley   +1 more source

Integration Before Multiculturalism

open access: yesNations and Nationalism, EarlyView.
ABSTRACT Despite research which shows that, over the last 40 years, most Western states have steadily enhanced their multicultural policies, on the ground, reality tells a different story. Today, Western governments are closing their borders and reversing long‐standing programmes that welcomed newcomers, whereas immigrants continue to be targets of ...
Avigail Eisenberg
wiley   +1 more source

Aggregation and the Structure of Value

open access: yesNoûs, EarlyView.
ABSTRACT Roughly, the view I call “Additivism” sums up value across time and people. Given some standard assumptions, I show that Additivism follows from two principles. The first says that how lives align in time cannot, in itself, matter. The second says, roughly, that a world cannot be better unless it is better within some period or another.
Weng Kin San
wiley   +1 more source

Marketization in Public Purchasing as a Route to Business Corporations' Institutional Power: The Case of Outsourcing Social Services in Israel

open access: yesPolicy Studies Journal, EarlyView.
ABSTRACT What are the conditions under which business corporations expand their institutional power? This paper argues that institutional power is affected by the architecture of the “acquisition regime”—the set of formal (and informal) rules that govern how states purchase public services.
Reut Marciano, Shir Gal
wiley   +1 more source

Credit market structure and strategic collateral provision

open access: yesThe Scandinavian Journal of Economics, EarlyView.
Abstract In a simple lending model with informational asymmetry, we investigate the effect of bank market structure on the amount of collateral provided by firms. We analyze the strategic decision of a potential entrepreneur regarding the amount of wealth to pledge as collateral to secure a loan.
Rosaria Distefano, Francesco Reito
wiley   +1 more source

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